If a Country Is Going to Achieve a High Economic

question 107

Multiple Choice

If a country is going to achieve a high economic freedom rating, it must

• A) follow rule of law principles and create a stable monetary environment.
• B) be a political democracy.
• C) refrain from the imposition of barriers that limit voluntary exchange.
• D) rely primarily on government expenditures and regulations (rather than markets) to allocate goods and resources.
• E) both a and c are true.

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Definitions:

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, and environment.

Positive Psychology

A branch of psychology focused on the study of positive human functioning and the factors that contribute to a fulfilling and meaningful life.

Humanism

A philosophical and ethical stance that emphasizes the value and agency of human beings, individually and collectively.

Resilient

The ability to recover quickly from difficulties; toughness or the capacity to bounce back from adverse events.